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The Latest Breaking News from Rachel Reeves

The Standard podcast: London’s unemployment rate hits 11-year-high ahead of Autumn Budget

Listen here on your chosen podcast platform.

Evening Standard

Six big changes to expect from Reeves’ Budget and how they’ll impact your finances

Pensions, the cash ISA and more could all be set for notable alterations

The Independent UK

Labour is standing on a precipice: if it breaks its election promise on tax, it will never be trusted again

Ruling out tax rises in its 2024 manifesto was utterly reckless and will fan the flames of the far right, says Guardian columnist Owen Jones

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Wednesday briefing: Why young people are bearing the brunt of the unemployment crisis

In today’s newsletter: Almost 1.8 million people in the UK class themselves as unemployed, and it’s the youth who are driving it. What can be done to help, and will things get better (or worse)?

The Guardian - UK

Reeves torpedoes Labour's manifesto in huge Budget tax gamble which could put Farage in No10

Commentary: The Chancellor has been so clear that she is going to torch the party’s manifesto tax promise that a U-turn now would stun Westminster

Evening Standard

Campaign group claims Reeves could generate £36bn annually through tax reforms

IN FULL

The Independent UK

Name and shame ‘shrinkflation’ culprits, Reeves urged ahead of Budget

Reeves must declare ‘war on bills’ at the Budget, the IPPR says

The Independent UK

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Over 100 groups call for Labour to fully scrap two child benefit cap: ‘Do the right thing’

‘Abolishing the two-child limit in full will set millions of children’s lives on a path to a brighter future’, major organisations say

The Independent UK

Millionaires group urge Reeves to introduce wealth tax to ‘lift kids of out poverty’

This appeal comes ahead of Reeves’s upcoming Budget announcement in Westminster later this month

The Independent UK

Reeves rejects plea for £1bn of extra cash to cover NHS redundancy payouts

Health secretary Wes Streeting lobbied behind the scenes for emergency funds to pay off 18,000 staff losing their jobs

The Guardian - UK

The Guardian view on Labour’s fiscal stance: it’s time to lay new foundations

Editorial: No chancellor has raised income tax since 1975, but voters may accept it if everyone contributes, the richest most of all, and the money pays for fairer, better services

The Guardian - UK

Autumn Budget: Timeline of key economic data before November 26

Key datasets are due to be published in the run up to Rachel Reeves’s statement.

Evening Standard

Two-child benefit cap will be lifted in the Budget, hints PM Keir Starmer

‘You won't have to wait much longer to see what the measures are (to tackle child poverty)’ - Sir Keir Starmer

Evening Standard

Keir Starmer hints he could scrap two-child benefit cap in Budget

The prime minister said his government will be ‘taking a number of measures’ to tackle child poverty

The Independent UK

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news in one place.

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Evening Standard

Starmer hints two-child benefit cap could be axed in Budget

Prime Minister Sir Keir Starmer said he was ‘personally committed to driving down child poverty’.

The Independent UK

Ed Davey calls for Robbie Gibb to be ousted from BBC board

The Liberal Democrat leader said Gibb, who was appointed to the board by Boris Johnson, should have ‘no role’ in appointing the new director general

The Independent UK

Budget 2025: Two-child benefit cap scrapped – here’s what that will mean for parents

More than half a million families will benefit from the measure

The Guardian - UK

Rising unemployment could affect budget, interest rates, pay and more

Rachel Reeves will need to avoid depressing economy and hitting jobs while raising billions in extra tax

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news in one place.

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International Business Times UK

Rachel Reeves Aims to Remove Two-Child Cap — Is It Fair to UK Taxpayers or a Lifeline for Large Asylum Families?

Rachel Reeves plans to scrap the two-child benefit cap, sparking debate over fairness, cost to taxpayers and its impact on child poverty in the UK.

The Independent UK

Half of employers could raise prices if cost of hiring goes up in Budget

Many businesses have been hit by rising employment fees, packaging costs or rates relief ending this year

Evening Standard

Jobless rate hits highest since early 2021 amid ‘weakening’ labour market

The ONS said the unemployment rate rose to 5% in the three months to September, up from 4.8% in the three months to August.

Evening Standard

London unemployment hits 11-year high as Reeves National Insurance rise batters pubs, shops and hotels

Grim jobless figures make a December interest rate cut from the Bank of England a near certainty

The Guardian - UK

UK unemployment rises to 5%, the highest level in four years

ONS says jobs market worsening before budget, as HMRC reports falling number of workers on firms’ payrolls

The Guardian - UK

A break with tax tradition in budget would be welcome

Letters: Prof Stephen Caddick says voters will swallow Rachel Reeves’s expected tax rises if Labour can show that it has a plan, in response to an article by Martin Kettle. Plus letters from Brian Keegan, Fawzi Ibrahim and Nick Floyer

The Guardian - UK

Rachel Reeves signals plan to remove two-child benefit cap in budget

Chancellor understood to be preparing to fully reverse measure, which would cost over £3bn but could lift 350,000 children out of poverty

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